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Farstad confirms charter agreements

Farstad Shipping announces 3 new charter commitments. Total value of the contracts is approx. NOK 255 million.


Farstad Shipping announces the following new charter commitments:

Petrobras, Brazil, has contracted PSV Far Supporter (1996, UT 750,
4.680 DWT) for a period of 3 years, with start up during the 1st
quarter 2010.


Peterson SBS has extended the contract for PSV Far Splendour (2003,
P106, 3.503 DWT) for 1 year plus 2 x 1 years options. Start up is
29th Dec 2009.


Petrobras, Brazil, has contracted AHTS Far Sabre (2008, UT 712L,
15.900 BHP) for 240 days. The contract has recently started.




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